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Alumina Daily Review-Oct. 10th

2024-10-10

From the perspective of website pricing, sporadic yet relatively frequent spot transactions continually drive price discovery. Although occasional spot transactions may not lead to an immediate adjustment in the day’s quotes, the consistent trend and the continuous emergence of subsequent transactions will ultimately drive the average price of quotes to follow suit in due time. It is expected that spot transactions in the northern market will surpass 4,400 yuan per ton; it’s merely a matter of time.

 

 

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